$145,000

3 Beds   2 Baths   1,958 Sq. Ft.   Multi-Family
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Beechwood Ave
Torrington, CT 06790

Potential Profit

$45,900

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Status: Inactive
Listing ID: 58598450

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Property Information

  • Price: $145,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Full Baths: 2
  • Living Area Size: 1,958
  • Basement: Yes
  • Total Square Feet: 1,958
  • Lot Size: 0.14 acres
  • Heating Type: Baseboard
  • Waterfront: Yes
  • Year Built: 1910
  • Source ID: 170523275
  • Day(s) On Site: 80
  • Elementary School: Per Board of Ed
  • Senior High School: Per Board of Ed
  • Property Type: Multi Family Dwelling

Public Records

  • Bedrooms: 4
  • Baths: 2
  • Full Baths: 2
  • Rooms: 10
  • No. of Stories: 2
  • Construction Type: FRAME
  • Exterior Wall Type: ASPHALT SIDING
  • Heating Type: FORCED HOT WATER
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 6,098
  • Year Built: 1910
  • APN: 000000---080170
  • Property Type: Duplex, Triplex, Quadplex
  • Township: TORRINGTON
  • Living Sqft: 1,958
  • Garage: YES
  • Style: MULTI-FAMILY

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Beechwood Ave located in Torrington, CT is $860/month. Comparable homes around Beechwood Ave that are rentals have monthly ranges starting as low as $770 per month and as high as $950 per month. An owner looking to use this property as an investment could bring a return in the area of $770 - $950 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


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Homes On This Street
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Beechwood Ave
Torrington, CT 06790

3 Beds   2 Baths   1,958 sq. ft.   Multi-Family

$145,000

Status: Inactive Listing ID: 58598450

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Beechwood-Ave-Torrington-CT-06790/58598450_lid

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